Acts and Regulations

2015, c.21 - Trustees Act

Full text
Liability of former trustee
24Unless the court orders otherwise, if a person ceases to be a trustee, any consequential vesting of trust property in or transfer of trust property to a replacement trustee does not relieve the former trustee from liability for a breach of trust occurring while that person was a trustee.
Liability of former trustee
24Unless the court orders otherwise, if a person ceases to be a trustee, any consequential vesting of trust property in or transfer of trust property to a replacement trustee does not relieve the former trustee from liability for a breach of trust occurring while that person was a trustee.